How To Use The bitcoin Payment Process
For people who would like to learn how to accept payments through bitcoin, the first thing that you will have to do is to install a payment gateway. A payment gateway is a bitcoin payment processor service that is used to help facilitate the transaction of bitcoins. As the name suggests, a payment gateway is used to allow users to send their transactions to a designated location. This location is normally a third party such as a payment processor or a gateway service provider.
After that, it becomes easier for a user to make use of the bitcoin merchant account. The first step is to sign up and request an account with the bitcoin company. Most of the companies would not require you to have a merchant account to start using the service. However, some of them may ask for it once you have reached a certain amount of bitcoins. After you have signed up and requested your account, the next step would be to select an online retailer that offers this service.
Once the user has selected a company, he/she should create a payment processing history. As what have been explained earlier, the bitcoin merchant accounts do not accept any conventional credit cards. They only use the bitcoins as a form of currency. This means that the buyer should provide an identification document such as his/her passport or driving license in order to be able to purchase goods using the bitcoins.
Now, since you are still not a real buyer, you have to sign up as a seller. Since the transaction between a buyer and a seller are both carried out within the internet, it is very easy for you to do so. All you have to do is to go to the website of the exchange and register as a seller. Once you have done so, you will be provided with your username and password. Remember these two words: Bitxesigner.
Once you are logged into your account, you will be given access to create your own webpage. On this webpage, you can create your business which will be governed by your rules and policies. These rules and policies will serve as your payment processing history. You will also be given the option to approve or deny any payments which are sent to your bitcoin merchant account. This is also where the buyer will be charged his payment fee.
The third aspect related to the payment process is the payment gateway. This is the website through which the buyer’s money will be sent to your business. In order for this to work, you have to open an account with the payment gateway. Be aware though that you will not be able to sell anything at this stage. Only items for sale in your website will be accepted as payment.
As you continue reading this article, you will learn about how to integrate the sale of items using the payment processing history of the buyer with that of your business. The first thing that you need to do is to add a few links on your website so that the customers will have easy access to them. Next is to install a payment gateway using your personal computer. Once the installation is done, it is important that you make sure that your website is up to date. Also, it is advisable for you to update your software program to the most recent version. This will make your website compatible with the latest payment gateways and transaction systems.
Another important aspect that you should be aware of is using the most updated version of your software program. This will allow the transaction of all items on your website to work with the most up to date rules and policies of the payment processing history. One of the most important things that you need to know is how to scan the documents that you have provided to your buyers. This is needed so that they will not face any problems when dealing with the delivery of the goods that they ordered. If you want to earn more profit with your online business, then you should definitely make sure that your payment gateway is working well.